Modec’s Cidade de Mangaratiba MV 24 floating, production, storage and offloading (FPSO) vessel achieved first oil production in October in the BM-S-11 block, located in the giant pre-salt Santos basin, offshore Brazil. The Cidade de Mangaratiba…
Petroleo Brasileiro S.A. (Petrobras) awarded Modec, Inc. and Brazilian partner Schahin Group a contract to supply, charter, and for the operation of a floating, production, storage, and offloading (FPSO) vessel for the Tartaruga Verde and Tartaruga Mestica fields offshore Brazil…
Oil production has started at from a previously undrained compartment at OMV’s US$255 million Maari redevelopment, located around 80km off the Taranaki coast of New Zealand. The MR-8A well, the second in the drilling campaign, was side…
Offshore oil and gas mega projects are increasing in scale and cost. Some 41% of ExxonMobil’s 2015 capital spending for projects under construction in 2015 is likely to be directed to one project alone. Neda Djahansouzi, Energy Researcher…
Service company Royal Niger Emerging Technologies has awarded JDR a fast-track contract supporting the West African Abo project for the manufacture of a 1.55km hybrid steel tube and thermoplastic umbilical. The umbilical, designed to…
China National Offshore Oil Co. (CNOOC) has begun production from the Huizhou 25-8 oilfield and Xijiang 24-3 oilfield in the South China Sea, known as the Xijiang 24-1 District joint development project. Xijiang 24-3 facility…
Petrobras hit first oil with the floating production and storage offloading unit (FPSO) Cidade de Ilhabela in the Sapinhoá field in the pre-salt Santos basin, offshore Brazil. Cidade de Ilhabela. From BG Group…
Oil & Gas UK has published two updated sets of guidelines to help operators of floating production storage and offloading facilities (FPSOs), floating storage units (FSUs) and offtake tankers to adopt advances in industry good practice. Oil & Gas UK’s operations director…
Brazil's Petrobras is bring its Cidade de Ilhabela floating production, storage and offloading (FPSO) vessel onstream to operate in the pre-salt Santos basin, offshore Brazil, according to partner BG Group. Cidade de Ilhabela…
Dr. Helmut Sohmen has announced his retirement, effective 20 November 2014, as Chairman of the Board of BW Offshore Ltd., which owns and operates floating production systems worldwide. He has served as Chair since 2005. Andreas Sohmen…
The Consórcio Tomé Ferrostaal (CTF) consortium of Rheinmetall International Engineering, and Brazilian company Tomé Engenharia, delivered two modules for the first of a series of six floating, production, storage and offloading (FPSO) vessels to Brazilian national oil company Petrobras…
International independent Premier Oil has said its Falklands Sea Lion development is to be scaled back, initially, to make it a phased development due to rising costs and low oil prices. Initial costs on an initial, smaller floating…
Classification society ClassNK has given approval in principle to a new H2/CO2 floating production, storage and offloading (FPSO) to a new design developed by Mitsubishi Heavy Industries (MHI) and Chiyoda Corporation. FPSOs are used by…
Tullow Oil is to “significantly reduce” its 2015 exploration spend and focus on its West African producing assets, including the TEN development project, amid falling oil prices. The move will see Tullow’s investment focus on West Africa…
McDermott International delivered its 7,200-ton riser support structure (RSS) tower for the Ichthys project in the Browse basin, about 124mi off Western Australia. Engineered in Singapore and fabricated on Batam Island, Indonesia, the RSS tower is more than 328ft tall…